Account Name Verification:
A Name Checking Service to help prevent APP fraud & enhance payment security

Account Name Verification is a tool for finance teams to verify account details with greater assurance.

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Easily cross-reference account names, sort-codes and account numbers, with immediate alerts to confirm if bank account details match, or not.

Seamlessly integrated into your payment operations, Account Name Verification offers greater assurance that your payments will reach their intended recipients.

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Check Payee account names & details, reducing misdirected payments and preventing fraud

Prevent fraud & error

Catch erroneous payee details before payments are sent.

Drive efficiency

Onboard new payees with ease via embedded individual and bulk CoP checks.

Stay compliant

Continuously verify details to ensure you stay compliant with regulatory requirements.

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Account Name Verification acts a powerful defence mechanism against fraud.

It helps you identify phishing and app fraud, enabling you to catch fraudulent attempts before payments are processed.

By integrating Account Name Verification into your processes, you protect your financial security and reputation.

Pair it with Payment Screening and Sanctions Screening for a multi-layered approach to fraud prevention.

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Ensure account accuracy when onboarding new payroll and supplier beneficiaries and reduce the occurrence of erroneous payments.

Streamline the verification process with bulk Account Name Verification checks, eliminating the reliance on bank portals, and saving you significant time across your full payment verification process.

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Continuously verify account details to ensure you stay compliant with regulatory requirements.

Account Name Verification can handle large volumes of beneficiary data and therefore reduces the time spent on this process, whilst ensuring a more accurate outcome.

Our bulk checking capability offers a more efficient, and compliant approach which is recognised and approved by regulators.

Protecting you against APP Fraud & Payment Errors

Account Name Verification is a core feature of the Fraud & Error Prevention Suite in the AccessPay platform, and is also available as a standalone service, giving you full flexibility to add account name checks across your full payment process.

You can easily perform individual or bulk checks as little or as often as you need. Account Name Verification supports your efforts to mitigate against the threat of Authorised Push Payment (APP) fraud and helps you identify errors in your payment files, increasing the accuracy and security of your payments.

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"The rise of authorised push payment (APP) fraud has become a significant concern for businesses across the UK and beyond. In fact, according to UK Finance ‘more than £500 million was stolen via APP fraud from businesses in 2022 alone.’"

Discover the power of AccessPay’s
Fraud & Error Prevention Suite
and take control of your financial security

Get in touch with one of our experts by completing our contact form.

How does Account Name Verification work

AccessPay’s Account Name Verification Service works with your bank to enable

Single checks

1. Enter details of the single beneficiary you wish to pay.

2. Result displayed for you to decide whether to proceed with the payment.

Bulk checks

If doing multiple checks, use a .CSV template as recommended by AccessPay to populate beneficiary.

1. Output a .CSV file from your finance system based on the template provided.

2. Upload the file within the AccessPay platform.

3. Results ready for you to view in the Results Table to decide whether to proceed with the payments or not.

"We have about 35 bank accounts integrated with AccessPay. We use it for BACS, Payroll if there’s a same-day payment to make, and our Accounts Receivable team will use it to call in any Direct Debits payments that they’re taking. So it’s well-used, by at least three different departments within the business.’"

Empower your finance teams with banking-grade payment security: AccessPay’s Fraud & Error Prevention Suite.

Get in touch with one of our experts by completing our contact form.

Why do you need Account Name Verification?

Precision across your full payment verification process

A core capability in the fight against APP Fraud

Effortlessly run regular audits to ensure you stay compliant

Want to know more about
how to implement effective defence strategies?

Download our free guide: The Practical Guide to Combatting Authorised Push Payment Fraud and learn how you can:

  • recognise common types of APP fraud
  • implement best practices for protecting yourself and your business from APP fraud
  • understand what’s being done to combat APP Fraud in the UK


Combatting Authorised Push Payment Fraud ebook mockup

Leverage AccessPay’s full Fraud & Error Prevention Suite for optimal protection

Account Name Verification is a feature of AccessPay’s comprehensive suite of capabilities designed to enhance your payment security.

Pair Account Name Verification with Payment Screening and Sanctions Screening for full protection across your payment operations.

AccessPay also offers Audit Trails, Reports and Multi-Factor Authentication / Single-Sign On options.

Find out more

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Discover the power of AccessPay’s
Fraud & Error Prevention Suite and take control of your financial security

At AccessPay, we’re committed to helping you de-risk your financial operations and enhance your internal control mechanisms.

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